STIPULATION TO STAY CASE AND ORDER

CHARLES R. BREYER, District Judge.

Travelers Indemnity Company of Connecticut ("Travelers") and Centex Homes ("Centex"), Newmeyer & Dillion, through their designated counsel, respectfully request that this Court stay this matter for all purposes, including the recent briefing the Court ordered following the status conference held on March 18, 2016. (Docket No. 96.)

Travelers and Centex have been involved in substantial global settlement negotiations for the dozens of cases between them in California courts. This includes state and federal cases throughout California, including this one.

On January 19, 2016, Travelers and Centex attended a mandatory settlement conference before the Honorable John A. Kronstadt of the Central District of California. Travelers and Centex adjourned the conference to exchange certain information to assist in further settlement discussions. As part of the ongoing settlement discussions, Travelers and Centex entered into an informal standstill of most of the outstanding cases to conserve resources and promote judicial economy. Although this case was not initially part of the standstill, the parties wish to extend the standstill to include this case as well.

Initially the standstill was for 30 days to facilitate a February 23, 2016, settlement conference. However, Travelers and Centex continued the MSC to April 1, 2016, to permit for additional information gathering. Recently, however, the Court continued the MSC to May 10, 2016. If discussions are promising, Travelers and Centex may wish to hold additional days of settlement discussion if all issues are not resolved on May 10, 2016.

In light of the May 10, 2016, continued MSC, the parties now wish to stay this matter for all purposes and to take the May 20, 2016, status conference off calendar. The parties believe a stay will focus the parties' settlement efforts and preserve judicial economy.

RGL, Inc. is not a party to the above referenced settlement discussions and is not requesting a stay. RGL asserts that Travelers has failed to comply with its obligations under FRCP 26 (a) (1) (A) (iii) in that Travelers' disclosure did not contain the required "computation of each category of damages claimed".

Nonetheless, RGL does not object to entry of a stay as desired by the other parties provided that the stay shall not in any way prejudice RGL's rights to bring a motion to compel the required computation.

If the Court agrees to the stay, the parties propose that they submit a brief joint status report no later than May 24, 2016, indicating whether the settlement discussions remain ongoing, such that a continued stay is warranted, or whether the discussions have reached an impasse and, in that case, propose a briefing schedule on the briefs the Court ordered during the March 18, 2016, status conference. (Docket No. 96.)

ORDER

PURSUANT TO STIPULATION, IT IS ORDERED that this case is stayed for all purposes and all pending deadlines are taken off calendar.

IT IS FURTHER ORDERED that the parties submit an joint status update no later than May 24, 2016, following of the conclusion of the MSC that is being held before Honorable John A. Kronstadt of the Central District of California.